Financial Assistance/Tips

Once people decide they want to take action and make a change, they can’t do it because they lack financial support. That is why in this blog post I will talk about what financial assistance is available. People who need financial assistance can often be single women. It is not something that women should feel embarrassed or ashamed about. In the U.S. the government has added programs to help individuals with low income. There are now government and nongovernment programs to help with financial needs and advice being given to women. Becoming financially stable is a crucial part of women empowerment and we need more women to become part of the empowerment.

To start off women who want to have a sense of financial freedom, there is a social networking site called “Money Club.” The goal of this website is to create “a club within a club,” where you can find women in your community and build a money strategy that can also benefit others in your group. Women in this social network have the privilege to get advice from experienced financial advisors. As for women going through divorce, it can be stressful and either the worst or the most liberating moment that can happen in their life. Women who are in the legal process of divorce have a large quantity of ways not to go broke. There is a pamphlet called, “150 Ways to Divorce without Going Broke.” It was created by Ginita Wall, a financial advisor who specializes in helping women in money during and after a divorce. If one tip does not help at least there is a long list to go through. Besides these individual assistance, there is government assistance available for women. A common government assistance is helping single mothers. According to Zaina Adamu “The U.S. Department of Agriculture sponsors the Women, Infants, and Children (WIC) program, which provides free groceries for families at most grocery stores.” In order to qualify, you must provide your income and make an appointment to see if you meet the qualifications. Another assistance that is provided is the Low Income Home Energy Assistance Program (LIHEAP), where women can get assistance with their heating and cooling costs. Some may be opposed to women gaining government assistance, but it helps push women during a hard time to get on the right track. If they can finally receive financial assistance whether it’s for food or home energy assistance, they now have a chance to use their money to go to school and get a better job. Now with these resources women can step up and take action. 

Here is a video that I have found that is helpful with gaining financial confidence and becoming better at bills, budgeting, saving, paying debt, and investing. It provides ways on how to become financially confident. In the beginning of the video it gives some shocking statistics of women who are doubting their financial confidence. I believe it is important that I share this video to change these statistics because all women need to develop financial confidence.

Video link: https://youtu.be/HGxrB7GGAls 

Work Cited

Adamu, Zaina. “Financial Help for Single Women.” Sapling. 2020. https://www.sapling.com/5798757/financial-single-women